Top 150+ Solved Computation of Liability MCQ Questions Answer

From 46 to 60 of 108

Q. In case of inter-state stock transfer

a. CGST will be levied

b. IGST will be levied

c. CGST and SGST will be levied

d. No tax will be levied, as there is no supply

  • b. IGST will be levied

Q. GST is a based tax.

a. Territory

b. Origin

c. Destination

d. None of the above

  • c. Destination

Q. A new supplier has taxable intra-State sales, exempt intra-State sales and export sales of goods.He should get himself registered under GST law, where

a. the aggregate value of taxable intra-State goods exceeds ` 20 lakhs

b. the aggregate value of taxable as well as exempt intra-State goods exceeds ` 20 lakhs

c. the aggregate value of all the three items exceeds ` 20 lakhs

d. the aggregate value of taxable intra-State goods as well as export sales exceeds ` 20 lakhs

  • c. the aggregate value of all the three items exceeds ` 20 lakhs

Q. Following is an intra-State supply

a. Goods sent from Delhi to another dealer in Delhi

b. Goods sent from Delhi to a SEZ in Noida, Uttar Pradesh

c. Goods sent from Delhi to Chandigarh branch (Haryana) of the same supplier

d. None of the above

  • a. Goods sent from Delhi to another dealer in Delhi

Q. A casual taxable person is required to obtain registration where he makes

a. Taxable inter-State supply

b. Taxable inter-State or intra-State supply

c. Taxable inter-State or intra-State supply whose proposed value exceeds ` 20 lakhs

d. In none of the above situations

  • b. Taxable inter-State or intra-State supply

Q. Which of the following central taxes has been subsumed in the ambit of GST ?

a. Central Excise duty

b. Service Tax

c. CVD on import

d. All of the above

  • d. All of the above

Q. GST is payable on the services provided by the employee to the employer in the course ofemployment on

a. Regular basis

b. Contract basis as employed by the company

c. Contract basis as employed by a contractor

d. None of the above

  • c. Contract basis as employed by a contractor

Q. In case of transport of goods by rail within India, which of the following item is an exemptedsupply ?

a. Transport of postal mails and postal bag

b. Transport of defence and military equipments

c. Transportation of household effects

d. Transport of alcoholic beverages

  • b. Transport of defence and military equipments

Q. Hospital charging room rent per day per room ` 1,200 on rooms provided to in-patients. It is

a. Exempted supply

b. Taxable supply

c. Not at all supply

d. None of the above

  • a. Exempted supply

Q. In cases of change in rate of tax and amount is credited to the bank account after 4 working days from the date of change in rate of tax, the date of receipt of payment will be

a. Date of book entry or date of bank entry, whichever is earlier

b. Date of bank entry

c. Date of book entry

d. Date of book entry or date of bank entry, whichever is later

  • b. Date of bank entry

Q. Who is the person allowed to cancel a GST registration ?

a. The registered person himself

b. The GST officer

c. The legal heir of the registered person

d. All of the above

  • d. All of the above
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